By MarketNewsVideo Apollo (APOL) was downgraded by Wells Fargo (WFC) from outperform to market perform as the company has been closing campuses. …read more
Source: FULL ARTICLE at Forbes Markets
Tag Archives: APOL
Analyst Moves: APOL, GOOG
By MarketNewsVideo Apollo Group (APOL) was upgraded by Deutsche Bank (DB) from sell to hold with a price target of $17 as the firm believes that the current stock price provides investors with an attractive entry point. …read more
Source: FULL ARTICLE at Forbes Markets
Top Analyst Upgrades and Downgrades (MITT, A, ALTR, APOL, CLF, CBRL, EVEP, FLO, HIIQ, MTG, NFLX, YHOO)
Filed under: Earnings
These are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls.
A.G. Mortgage Investment Trust (NYSE: MITT) started as Neutral at Credit Suisse.
Agilent Technologies Inc. (NYSE: A) started as Outperform with $48 target at Credit Suisse.
Altera Corp. (NASDAQ: ALTR) named bear of the day due to weakening demand for its products and increased competition at Zacks Investment Research.
Apollo Group Inc. (NASDAQ: APOL) raised to Hold at Deutsche Bank.
Cliffs Natural Resources Inc. (NYSE: CLF) cut to Market Perform at BMO.
Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) reiterated Buy and raised price target by $10 to $88 at Argus.
EV Energy Partners L.P. (NASDAQ: EVEP) raised to Outperform with $57 target at Credit Suisse.
Flowers Foods Inc. (NYSE: FLO) named Bull of the Day because of growing market share and expanding margins at Zacks Investment Research.
Health Insurance Innovations Inc. (NASDAQ: HIIQ) started as Outperform with $17 price target at Credit Suisse.
MGIC Investment Corp. (NYSE: MTG) raised to Overweight from Underweight at Barclays.
Netflix Inc. (NASDAQ: NFLX) started as Outperform at RBC.
Yahoo! Inc. (NASDAQ: YHOO) raised to Buy at Cantor Fitzgerald.
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: A, ALTR, APOL, CBRL, CLF, EVEP, FLO, HIIQ, MITT, MTG, NFLX, YHOO
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Cloud Software Company Files for IPO
Filed under: Technology
Marin Software, maker of cloud-based digital advertising management platform, has filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) launching the company’s quest for an initial public offering (IPO). For the purposes of the filing, Marin Software indicated that it seeks raise $75 million from the offering. Underwriters include Goldman Sachs & Co., Deutsche Bank Securities, UBS Investment Bank, Stifel, and Wells Fargo Securities.
The company counts Macy’s Inc. (NYSE: M), Apollo Group Inc. (NASDAQ: APOL), Expedia Inc. (NASDAQ: EXPE), and Symantec Corp. (NASDAQ: SYMC) among its customers, and says it has business relationships with Baidu Inc. (NASDAQ: BIDU), Bing from Microsoft Corp. (NASDAQ: MSFT), Google Inc. (NASDAQ: GOOG), Facebook Inc. (NASDAQ: FB), and Yahoo! Inc. (NASDAQ: YHOO). Marin identified competitors Google’s DoubleClick advertising platform, Adobe Systems Inc. (NASDAQ: ADBE), and other privately held firms.
Marin expects about 23.27 million shares to be outstanding following the IPO, a total which does not include about 4.9 million additional shares issued or issuable, not does the total include shares reserved for future issuance under an equity compensation plan.
The company currently claims about 400 employees and will trade on the NYSE under the ticker symbol MRIN.
Filed under: 24/7 Wall St. Wire, Internet, IPOs, Software Tagged: ADBE, APOL, BIDU, EXPE, FB, GOOG, M, MSFT, SYMC, YHOO
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